EX-FILING FEES 5 fs12023ex-fee_tigoenergy.htm FILING FEE TABLE

Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-1

(Form Type)

 

Tigo Energy, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security Type 

Security

Class Title

 

Fee Calculation

or Carry Forward Rule

   Amount Registered (1)  

Proposed Maximum Offering

Price Per Share

   Maximum Aggregate Offering Price   Fee Rate   Amount of Registration
Fee
   Carry Forward Form Type   Carry Forward File Number   Carry Forward Initial effective date   Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward 
Newly Registered Securities

Fees to Be

Paid

  Equity  Common Stock   457(c)   49,692,571 (2)  $15.95 (3)  $792,596,507.45    0.0001102   $87,334.14 (4)                                          
   Equity  Warrants   457(g)   18,750    --    --    --    --(5)                     
   Equity  Common Stock underlying Warrants   457(g)   5,768,750 (6)  $15.95(7)  $92,011,562.50    0.0001102   $10,139.67(4)                    
     

Common Stock underlying Options

   

457(g)

    

41,999

(8)  $

15.95

(3)  $

669,884.05

    

0.0001102

   $

73.82

(4)                    

Fees

Previously Paid

  -  -   -    -    -    -         -                     
Carry Forward Securities

Carry

Forward Securities

  -  -   -    -         -              -    -    -    - 
   Total Offering Amounts             $97,557.63                     
   Total Fees Previously Paid              --                     
   Total Fee Offsets              --                     
   Net Fee Due             $97,557.63                     

 

(1)Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.

 

(2)Represents the sum of (a) up to 42,833,755 shares of common stock, par value $0.0001 per share (“Common Stock”),issued in connection with closing of the Business Combination (the “Closing”), (b) up to 18,750 shares of Common Stock that are issuable upon the exercise of the Private Placement Warrants, (c) up to 37,500 shares of Common Stock issued at the Closing upon the separation of the private units, (d) up to 41,999 shares of Common Stock underlying stock options of Legacy Tigo, (e) up to 118,021 shares of Common Stock issued to Roth Capital Partners, LLC pursuant to that certain termination letter agreement, (f) up to 1,230,000 shares of Common Stock that were originally issued to the Sponsors (as defined herein) and (g) up to 5,454,545 shares of Common Stock issuable in connection with the exercise of the convertible promissory note held by L1 Energy, in each case, as further described in the prospectus forming part of this registration statement.

 

(3)Estimated solely for the purpose of calculating the registration fee, based on the average of the high and low prices of the Common Stock on the Nasdaq Stock Market LLC (“Nasdaq”) on June 14, 2023 ($15.95 per share), in accordance with Rule 457(c) of the Securities Act.

 

(4)Calculated pursuant to Rule 457 of the Securities Act by multiplying the proposed maximum aggregate offering price of securities to be registered by 0.0001102.

 

(5)In accordance with Rule 457(g) of the Securities Act, the entire registration fee for the Warrants is allocated to the shares of Common Stock underlying the Warrants, and no separate fee is payable for the Warrants.

 

(6)Represents the shares of Common Stock that may be issued upon the exercise of the outstanding Warrants, for an exercise price of $11.50 per share of Common Stock.

 

(7)Calculated in accordance with Rule 457(g) of the Securities Act, based on the average of the high and low prices of the Common Stock on Nasdaq on June 14, 2023 ($15.95 per share).

 

(8) Represents the number of shares of Common Stock issuable upon the exercise of stock options issued under the Tigo Energy, Inc. 2018 Stock Plan.